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Dealing with debt

A small company that lost 拢5,000 in a year from bad debts gets advice on how to minimise the problem. 'Altamise' has 拢216,000 and 500 customers. Last year it lost 拢5,000 from bad debt. An advisor warns that the firm must show its customers it cares about recovering its debts. This business uses a debt-collecting agency to avoid wasting too much management time.

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4 minutes

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